Deangelo Williams Restructures Contract

Carolina Panthers running back Deangelo Williams has restructured his contract. This move saves the Panthers 3.2 million in cap space this and next season. There has been much speculation so far this off season that Williams would be released. This move settles that question. The Deangelo Williams / Jonathan Stewart Tandem will remain in tact for at least another season.

Williams was entering the third season of a five-year, $43 million contract and was scheduled to earn $5 million in cash with an $8.2 million salary cap number for 2013. Williams will still receive $5 million in cash this year, but the deal has been restructured in a way that reduces his cap number to $5 million, a cap savings of $3.2 million that leaves the team $8.46 million under their adjusted 2013 salary cap number of $126.232 million.Williams was scheduled to earn $4.75 million in non-guaranteed base salary with a $250,000 workout bonus this season. Under the renegotiated contract, Williams' base salary was lowered to $850,000 and his workout bonus reduced to $150,000. The remaining $4 million was converted to a signing bonus, which will be prorated against the Panthers' cap at $800,000 per season through 2017.The real cash savings for the Panthers occurs in 2014 and 2015. Full Article

Not to be pedantic, but he traded the 2nd round pick. If it was our 2011 first we'd all be dead by now.

I was referring to the rumor that in 2010, Hurney was trying to trade up to draft Clausen in the first round but there were no takers. If he had succeeded, we would have given up the 2011 #1 over all for Pickles in 2010.

To think Hurney couldn't work Hurney magic on his boys....is a tad far fetched IMO. Also leans heavily to just having a bias against the old and opting to look at the new in a favorable light.

These restructures where so obvious Joe Person pointed them all out. The lone exception being the Stewart one and no one understands what it does.

Hurney was here for a decade....he could do basics. Again, his biggest struggle was going to big on initial extensions for his guys and trading draft picks.

People at like if he was still here he couldn't pull of glaringly obvious moves....

I remain in the camp Hurney was done with football and willing to fall on Richardson sword for him. He was here for a decade....his teams still accomplished more despite the post 2010 statement and Delhomme ordeal than most teams did in that span.

Has Gettlemen really taken is in a new direction or just kept the band together...and had a draft class.....and done the type bargain shipping we have for years. Again, Gettlemen is a football guys so I would imagine he is better at adding talent. But people IMO are spinning Gettlemen as this guru....when Hurney would have done much of the same. Gettlemen will take years to show what he is....

And I again, my stance is rooted in the fact I believe the guy on the golf cart has big input in things.....he just doesn't talk to the media like some owners

I was referring to the rumor that in 2010, Hurney was trying to trade up to draft Clausen in the first round but there were no takers. If he had succeeded, we would have given up the 2011 #1 over all for Pickles in 2010.

oh my god. . .I don't even want to imagine that. And I think my brain skipped over the "tried to" part in your original post, my bad.

Excellent news, I wonder what incentive was used to leverage, because with how his contract was he didn't have to do anything and still get paid

DWill is a class act. He does not seem to mind sharing carries and glory with JStew. (That trait is rare) It is so cool how they celebrate each other's successes. I think he likes being a Panther.

You know that Hurney has been telling people the contracts for Williams and Beason were demanded by Richardson, who adores both players. Presumably, Gettleman was able to get permission to restructure, maybe as part of his discussions before he took the job.

I could see JR telling Hurney to get it done. Don't think he said be stupid. Hurney blaming JR....trying to get another GM job?

Restructuring to keep a 30 yr old RB? Done whatever to keep HIS boy. You guys are right...Hurney would have NEVER done that...

Now that Hurney is gone people act as if he could do nothing...

All Gettlemen has done is gotten rid of Anderson. A move made in large part bc Luke stole Beason's gig....and now has to get on the field.

This is still Hurney's roster in reality. Gettlemen obviously didn't think Hurney built too bad of a team....or simply doesn't have the authority to do that much.

All he did was cut Anderson? He restructured Ryan Kalil and J Stew's contract, got Gross to take a pay cut, resigned Captain Munneryln and Dwan Edwards at bargain prices. Brought in one of the better nickle backs in the game in DJ Moore. Brought in a mid tier player in MIke Mitchell looking to step up to starting role. Signed Dominik Hixon to give us another target. Helped our return woes with Tedd Ginn JR. He fixed DT in the draft. Now he has restructured DWill

Dave G has ton of sht this offseason with not much money to work with. He has improved this roster drastically.

And in the case of DWill, he was able to keep a productive player while cutting out $8 million dollars in potential cap charges.

Yes, we will take a $2 million cap hit in 2016 when the final years void, but it's a safe bet the cap will be significantly higher by that time. Even if it isn't, $2 million is not that hard to make up.

One other thing...I think part of DWill's "demotion" last season was a desire by the coaches and FO to see how Stew did carrying the load, to see if they could safely jettison DWill this year. Once Stew went down and DWill finished the year strong, they may have decided to try to keep him if it could be done at a reasonable price. He's still getting more than he would probably get elsewhere, but it's a lot better deal for us than his old one.

All he did was cut Anderson? He restructured Ryan Kalil and J Stew's contract, got Gross to take a pay cut, resigned Captain Munneryln and Dwan Edwards at bargain prices. Brought in one of the better nickle backs in the game in DJ Moore. Brought in a mid tier player in MIke Mitchell looking to step up to starting role. Signed Dominik Hixon to give us another target. Helped our return woes with Tedd Ginn JR. He fixed DT in the draft. Now he has restructured DWill

Dave G has ton of sht this offseason with not much money to work with. He has improved this roster drastically.

The Anderson cut was the only thing outside of the standard type actions Hurney would take. That was what the statement said.

One other thing...I think part of DWill's "demotion" last season was a desire by the coaches and FO to see how Stew did carrying the load, to see if they could safely jettison DWill this year. Once Stew went down and DWill finished the year strong, they may have decided to try to keep him if it could be done at a reasonable price. He's still getting more than he would probably get elsewhere, but it's a lot better deal for us than his old one.

Demotion probably had a lot to do with 2011 and him being the better guy to have on the field.

I was simply answering Ivan's question asking who the idiots were that think Gettleman is Hurney 2.0. Not making any comment about aforementioned post. I reserve the right to keep my opinion about that opinion to myself.

Only think Gettlemen has done that sticks out as a non Hurney type move given the situation was cutting Anderson.

Keeping the band together is was Hurney's MO. Gettlemen has pretty much done that...

If Hurney was here, outside of Anderson what else sticks out that wouldn't likely of done

Hurney would have just pushed cap hits into the future. Gettleman saved us money now (except in Jstew's case, and the difference is minimal) AND the future.

Obviously every GM does that.

You're minimizing the great work Gettleman has done with the cards he was dealt. Was he able to go splurge on some overpriced FA? No. Would he have if he had $10mil to start with instead of -$15mil? Maybe, and it would have been done better than when Hurney splurged and brought in guys that amounted to scrubs for the most part. Hurney did some good things for us, but watching Gettleman work is like finally seeing the Louvre after going your whole life only seeing your kids' fingerpaintings.